Sportsbook.com has made the Lakers +200 favorites to defend their NBA Championship this season.

The Chicago Bulls are the favorite in the Eastern Conference at +110 odds. Let’s review each team’s odds, with odds compliments of Sportsbook.com.

Chicago Bulls vs. Indiana Pacers
Series odds: Bulls -4000, Pacers +2000
NBA Championship odds: Bulls +250, Pacers +10000

Chicago ranked second in rebounding and defense—and has MVP-candidate Derrick Rose running the offense. The Pacers have five players averaging double figures, but none of them can take over a series like Rose.

Miami Heat vs. Philadelphia 76ers
Series odds: Heat -2000, 76ers +1200
NBA Championship odds: Heat +350, 76ers +30000

LeBron James, Dwyane Wade and Chris Bosh combined for 70.9 points per game this season—but if any of them slumps, there’s nobody to pick up the slack. Philly is solid defensively but doesn’t have much offensive firepower.

Boston Celtics vs. New York Knicks
Series odds: Celtics -400, Knicks +300
NBA Championship odds: Celtics +700, Knicks +4000

Boston swept the season series 4-0, though the Celtics offense struggled down the stretch. In New York, Amar’s Stoudemire’s knees should be rested after sitting out the final four games.

Orlando Magic vs. Atlanta Hawks
Series odds: Magic -400, Hawks +300
NBA Championship odds: Magic +2000, Atlanta +20000

Atlanta had a 3-1 edge in the season series. Dwight Howard is capable of taking this series over, though—assuming he can stay in the game. Howard led the league in technical fouls and was suspended twice.

San Antonio Spurs vs. Memphis Grizzlies
Series odds:
NBA Championship odds: Spurs +450, Grizzlies +20000

San Antonio gave veterans Tim Duncan, Manu Ginobili and Tony Parker plenty of rest down the stretch. Memphis has survived all season without clutch shooter Rudy Gay—will that hold true in the playoffs?

Los Angeles Lakers vs. New Orleans Hornets
Series odds:
NBA Championship odds: Lakers +200, Hornets +20000

Lakers swept New Orleans 4-0 during the season, and lucked out as Andrew Bynum’s recently sprained knee is fine. Hornets have no such luck—David West is done for the season and Chris Paul is playing awful (points over his last four games: 7, 0, 15, 0).

Dallas Mavericks vs. Portland Trail Blazers
Series odds:
NBA Championship odds: Mavericks +2000, Blazers +5000

Dallas is the streakiest team in the NBA—10 streaks of 3-plus wins or 3-plus losses this season, including the current four-game winning streak. Portland is as deep as they come, with six different players averaging double figures this season. LaMarcus Aldridge (21.8 points, 8.8 rebounds) needs to take over.

Oklahoma City Thunder vs. Denver Nuggets
Series odds:
NBA Championship odds: Thunder +1200, Nuggets +3000

Two of the hottest teams in the NBA over the past few months. Oklahoma City is 19-5 since March; Denver is 17-7 since trading Carmelo Anthony in late-February.